EigenLayer Airdrop — Staking Guide

Eigen Staking
2 min readFeb 5, 2024

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Airdrops have become a popular tool for decentralized finance (DeFi) protocols to distribute governance tokens and incentivize early adoption. Savvy crypto users are always on the lookout for the next potential retroactive airdrop opportunity. One project that could have an airdrop in its future is EigenLayer.

EigenLayer Airdrop

What is EigenLayer?

EigenLayer is a protocol on Ethereum that enables restaking for staked assets like stETH and rETH. Users can deposit supported assets to earn additional yield and rewards. The protocol groups funds together to access opportunities individual users can’t.

As a new primitive for crypto-economic security, EigenLayer could launch a governance token in the future. Early adopters on testnet and mainnet may be eligible for an airdrop if that occurs.

Maximizing Potential Airdrop Eligibility

Here are some tips to position yourself for an EigenLayer airdrop opportunity if it materializes:

Maximizing Potential EigenLayer Airdrop Eligibility
EigenLayer

Use the testnet — Interact with the EigenLayer testnet by staking test assets like rETH. This shows early support.

Deposit on mainnet — Stake assets like stETH, rETH, and cbETH in the live protocol to be considered an active user.

Verify humanity — Creating a Gitcoin Passport proves you’re a real user and not a bot, increasing airdrop chances.

Follow updates — Stay up-to-date by following EigenLayer’s Twitter and Discord to know if/when an airdrop occurs.

Have an eligible wallet — Ensure you control an Ethereum address that supports token claims so you can receive any airdropped tokens.

Conclusion

EigenLayer’s novel approach to crypto-economic security makes it one to watch in the evolving ETH staking landscape. While not guaranteed, an EGL governance token airdrop would reward the community members who supported the protocol early on.

Paying attention to promising new DeFi protocols and engaging with them in their nascent stages is key to maximizing airdrop eligibility. Keep an eye out for these opportunities by following emerging projects closely.

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